Francesca's Holdings Corp. (FRAN) reported fourth quarter net income of $0.33 per share after the close Tuesday, up from $0.19 per share last year. The consensus estimate was for EPS of $0.30. The company expects to report first quarter EPS of $0.25 to $0.26 and between $1.27 and $1.30 for the full year 2014. The consensus estimates are for EPS of $0.26 and $1.27.

Francesca's Holdings gapped up sharply Wednesday, but traded in a narrow range throughout the session. Shares finished up by 1.93 at $28.91 on above average volume. The stock rose to a month and a half high and re-crossed its 200-day moving average.